Motorists and petrol marketers in Lagos state have decried the rising price of petroleum products across the metropolis at the weekend as filling stations raised the pump price of the commodity to between N925 per litre and N935 per litre.
This is in response to the increase in the landing cost of petrol, the stoppage by Dangote Refinery of the sales of the commodity in naira about two weeks ago and the delay in conclusion of negotiation on the naira for crude policy.
Last Monday, the landing cost of the commodity rose to N843.28 per litre from a previous N797 per litre a forthnight ago.
his increase represents an addition of N46 per litre to the landing cost of petrol.
Some filling stations like TotalEnergies sold at N935 per litre; MRS, N925.
